D-SIDE4F: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
D-SIDE4F
Largest movements
- Cash +€47,730
up €47,730 (+76.6%), from €62,287 to €110,017
mainly Net result for the year (+€80,197) and Other debts (+€37,111)
- Receivables within one year -€12,637
down €12,637 (-48.9%), from €25,861 to €13,223
of which Other amounts receivable: -€12,299
- Other debts +€37,111
up €37,111 (+76.0%), from €48,840 to €85,951
- Accrued charges and deferred income -€2,720
down €2,720 (-99.5%), from €2,735 to €15
- Gross operating margin +€42,147
up €42,147 (+61.7%), from €68,301 to €110,448
- Taxes +€10,596
up €10,596 (+59.4%), from €17,831 to €28,427
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,896 | €127,658 | +€34,762 | +37.4% |
| Fixed assets | 21/28 | €4,239 | €3,879 | -€360 | -8.5% |
| Intangible fixed assets | 21 | €60 | €50 | -€10 | -16.6% |
| Tangible fixed assets | 22/27 | €4,179 | €3,829 | -€350 | -8.4% |
| Furniture and vehicles | 24 | €4,179 | €3,829 | -€350 | -8.4% |
| Current assets | 29/58 | €88,658 | €123,779 | +€35,122 | +39.6% |
| Amounts receivable within one year | 40/41 | €25,861 | €13,223 | -€12,637 | -48.9% |
| Trade receivables | 40 | €13,562 | €13,223 | -€339 | -2.5% |
| Other amounts receivable | 41 | €12,299 | - | -€12,299 | |
| Cash at bank and in hand | 54/58 | €62,287 | €110,017 | +€47,730 | +76.6% |
| Deferred charges and accrued income | 490/1 | €510 | €539 | +€29 | +5.7% |
| Total equity and liabilities | 10/49 | €92,896 | €127,658 | +€34,762 | +37.4% |
| Equity | 10/15 | €35,405 | €35,405 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €34,405 | €34,405 | = | 0.0% |
| Distributable reserves | 133 | €34,405 | €34,405 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €57,492 | €92,253 | +€34,762 | +60.5% |
| Amounts payable within one year | 42/48 | €54,757 | €92,238 | +€37,481 | +68.4% |
| Trade debts | 44 | €198 | €300 | +€102 | +51.6% |
| Suppliers | 440/4 | €198 | €300 | +€102 | +51.6% |
| Taxes, remuneration and social security | 45 | €5,719 | €5,987 | +€268 | +4.7% |
| Taxes | 450/3 | €5,719 | €5,987 | +€268 | +4.7% |
| Other amounts payable | 47/48 | €48,840 | €85,951 | +€37,111 | +76.0% |
| Accrued charges and deferred income | 492/3 | €2,735 | €15 | -€2,720 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,594 | €1,906 | +€312 | +19.6% |
| Other operating charges | 640/8 | €433 | €441 | +€8 | +1.9% |
| Gross operating margin | 9900 | €68,301 | €110,448 | +€42,147 | +61.7% |
| Operating profit (loss) | 9901 | €66,274 | €108,101 | +€41,827 | +63.1% |
| Financial income | 75/76B | €433 | €549 | +€116 | +26.8% |
| Recurring financial income | 75 | €433 | €549 | +€116 | +26.8% |
| Financial charges | 65/66B | €36 | €26 | -€10 | -27.9% |
| Recurring financial charges | 65 | €36 | €26 | -€10 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €66,671 | €108,624 | +€41,953 | +62.9% |
| Income taxes | 67/77 | €17,831 | €28,427 | +€10,596 | +59.4% |
| Profit (loss) for the period | 9904 | €48,840 | €80,197 | +€31,357 | +64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,840 | €80,197 | +€31,357 | +64.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.